Tag: Body Corporate


Aug

23

2017
When the Body Corporate must pay for my repairs

When the Body Corporate must pay for my repairs

By Anton Kelly Owners in sectional title schemes often think that the body corporate is automatically responsible to repair damage to their section if the damage is the result of some failure of the common property. The basic maintenance and repair responsibilities are set out in the Sectional Titles Schemes Management Act “the Act” in Section 3, Functions of the body corporate and Section 13,…

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May

01

2014
Exclusive use – the technicalities and what they mean for owners

Exclusive use – the technicalities and what they mean for owners

The concept of exclusive use in sectional title schemes is not always clearly understood and it should be, for three very good reasons. Firstly it is an arrangement that gives rise to legal rights that are associated with the ownership of the sectional property and are passed on to subsequent owners of that property; second there are specific things that the owner who holds the…

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Mar

17

2014
Changes to Home Owners Association’s VAT registration are welcomed

Changes to Home Owners Association’s VAT registration are welcomed

Presently, Sectional title bodies corporate have been exempt from VAT, as opposed to  home owners’ associations that had to register for VAT if their incomes exceeded the VAT threshold amount. From a practical perspective, in sectional title schemes run by bodies corporate, the aggregated rates, electricity and water accounts are paid on behalf of the owners then recovered from the owners. To impose VAT on a…

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